SpaceX Shares Climb in First Day of Nasdaq Trading Following IPO

SpaceX made its public market debut on Nasdaq, with its shares experiencing significant volatility during early trading. The stock opened above its IPO price of $135, rising to more than $160 as of midday trading. The strong demand on opening day reflects market interest in the company's commercial space ventures, though trading activity remained highly variable. Investors are closely monitoring how SpaceX's public valuation will evolve in the coming days as broader market forces and short-term sentiment impact the newly-listed stock. As with most IPOs, price fluctuations are expected to continue as the market seeks consensus on SpaceX's valuation and long-term prospects.